3, ALDER CLOSE, FAVERSHAM, ME13 7FJ - £300,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 ALDER CLOSE is a very small detached house of 90m². It was last sold for £300,000 in October 2024, which was around 36% below the average October 2024 detached price in the Swale local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

3 ALDER CLOSE Sold Prices

Land registry data shows two sales for 3 ALDER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Both of the two 3 ALDER CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 28 OCT	£300,000	£468,554	36% below HPI
2021 29 JAN	£402,000	£426,265	6% below HPI

3 ALDER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 3 ALDER CLOSE sales from January 2021 and October 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2021 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 ALDER CLOSE?

3 ALDER CLOSE is 90m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Faversham, based on EPC data. The below chart shows the distribution of detached houses by size in Faversham, and where 3 ALDER CLOSE lies on this distribution: 19% of detached houses are smaller than 3 ALDER CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Faversham.

3 ALDER CLOSE: Plot and Title Map

3 ALDER CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 3 ALDER CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 ALDER CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 ALDER CLOSE?

3 ALDER CLOSE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 3 on ALDER CLOSE.